XYZVerse, the first all-sport memecoin, unites fans across sports, sparking buzz as a low-cost token with big potential.

A new cryptocurrency is making waves in the meme coin community, aiming to unite fans across sports and achieve the kind of success that saw tokens like Shiba Inu soar to new heights. While some coins have seen recent gains, others have faced challenges in the bear market. Here's a closer look at both worlds.

Shiba Inu (SHIB) has seen some recent gains, trading between $0.00001894 and $0.00003064 and up nearly 24% in the past week. But over the past six months, SHIB has experienced some volatility, showing a decrease of around 4%.

If the price breaks above the nearest resistance level at $0.00003521, SHIB could push toward the second resistance at $0.00004691, representing a substantial percentage increase. On the other hand, the nearest support level sits at $0.00001181, which could act as a floor in case of a downturn.

Shiba Inu (SHIB) Price Analysis April 24, 2023 / Benzinga Crypto

Shiba Inu (SHIB) Price Analysis April 24, 2023 / Benzinga Crypto

After a strong 30% gain over the past month, SHIB is now preparing for the next leg up. The meme coin has been battered in 2023, losing sight of the 350% rally it clocked in 2022.

However, SHIB has managed to hold on to a gain of 24% year-to-date. At time of writing, SHIB ranked 14th on the crypto top 100 list, with a market capitalization of $10 billion.

Shiba Inu has been buzzing in the NFT community of late. SHIB was spotted among the top 10 NFT collections in terms of seven-day sales volume on April 22.

Shiba Inu's seven-day NFT sales crossed $3 million, while the floor price for SHIB NFTs stood at 0.008 ETH, a 20% increase week-over-week.

Shiba Inu Price Action: Over the past 24 hours, Shiba Inu opened at $0.00002833, reaching a high of $0.00003163 and a low of $0.00002723.

Shiba Inu encountered resistance at $0.00003521 and support at $0.00001181.

The meme coin's relative strength index stood at 37.21.

Shiba Inu (SHIB) Price Analysis: Key Levels To Watch For April 25, 2023 / Benzinga Crypto

Shiba Inu (SHIB) Price Analysis: Key Levels To Watch For April 25, 2023 / Benzinga Crypto

Shiba Inu (SHIB) began 2023 with a strong bullish momentum, clocking a 30% gain in January, followed by a 20% rally in February.

However, SHIB lost steam in March, clocking only a 7% gain. In April, SHIB is up 12% and ranks 14th on the crypto top 100 list by market capitalization.

SHIB Price Analysis April 25, 2023

Shiba Inu (SHIB) Price Analysis April 25, 2023 / Benzinga Crypto

Shiba Inu (SHIB) Price Analysis April 25, 2023 / Benzinga Crypto

Shiba Inu (SHIB) is up nearly 24% in the past week and preparing for the next leg up. The meme coin has been battered in 2023, losing sight of the 350% rally it clocked in 2022.

However, SHIB has managed to hold on to a gain of 24% year-to-date. At time of writing, SHIB ranked 14th on the crypto top 100 list, with a market capitalization of $10 billion.

Shiba Inu has been buzzing in the NFT community of late. SHIB was spotted among the top 10 NFT collections in terms of seven-day sales volume on April 22.

Shiba Inu's seven-day NFT sales crossed $3 million, while the floor price for SHIB NFTs stood at 0.008 ETH, a 20% increase week-over-week.

Shiba Inu Price Action: Over the past 24 hours, Shiba Inu opened at $0.

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